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Chapter 8 - The Economy of Race

from Part II - Contemporary Critical Perspectives

Published online by Cambridge University Press:  28 July 2022

Paul Crosthwaite
Affiliation:
University of Edinburgh
Peter Knight
Affiliation:
University of Manchester
Nicky Marsh
Affiliation:
University of Southampton
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Summary

This chapter compares two generations of economic literary critics who, since the mid-1990s, have examined how literary texts intersect with racial capitalism. Like the authors they study, these scholars are less concerned with documenting the material consequences of racism than they are with interrogating the systemic logic of the sociocultural frameworks through which racialization is reproduced and racist policy is rationalized. The chapter specifically outlines the intersecting methodologies of these scholars and documents their efforts to show how literary texts often engage the language and logic of economic theory in ways that can destabilize racism’s ideological underpinnings. Beginning with the New Economic Criticism of the 1990s and ending with the emerging paradigm of the Economic Humanities, this chapter demonstrates that while the latter may better attend to the disciplinary specifics of economics than the former, it, like its predecessor, has yet to contend fully with the whiteness of the economic imaginary it takes as its subject.

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Publisher: Cambridge University Press
Print publication year: 2022

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